Reuters – Flashiness is out and subdued celebration is in among wealthy Americans on Valentine’s Day. As the economic crisis spreads and conspicuous consumption loses its luster, hedge fund millionaires and oil barons are shunning eye-catching items like yellow, red […]

Reuters – Millionaires who long put money with hedge funds are now skittish about adding fresh cash after these loosely regulated portfolios posted record losses last year, a top industry executive said on Thursday. "We have probably seen the worst […]